Published: 2025-11-12T02:40:36.000Z
Chart USD/THB Update: Higher in consolidation from 32.30 support
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Turned up in consolidation above the 32.30 support as prices unwind oversold the intraday and daily studies
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 32.95 | * | 38.2% Nov 2024/Sep fall | S1 | 32.30 | ** | Jun low, congestion | |
| R3 | 32.88 | ** | 1 Aug high, congestion | S2 | 32.23 | * | Oct low | |
| R2 | 32.68 | * | 22 Aug high | S3 | 32.10 | ** | Jul low | |
| R1 | 32.50 | * | congestion | S4 | 32.00 | * | figure |
Asterisk denotes strength of level
02:35 GMT - Turned up in consolidation above the 32.30 support as prices unwind oversold the intraday and daily studies. Nearby see resistance starting at 32.50 level and where clearance will see room for retest of the 32.63/32.68 high of last week and congestion area. However, area is expected to cap and lower high sought to pressure the downside later to retest support at the 32.30 and 32.23 lows. Break here will extend pullback from the 32.90 October high and open up room for deeper pullback to strong support at the 32.10 July low and the 32.00 figure.